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<p>[QUOTE=&quot;fatima, post: 1252603, member: 22143&quot;]Hmm.&nbsp; It means the bank was lying about needing the money.&nbsp; They are paying loan shark rates to Buffett.&nbsp; No sensible bank would pay him what they are paying unless they were desperate.&nbsp;&nbsp; Did you even bother to look at the terms?&nbsp; A healthy bank, like the one you claimed BofA was, doesn&#039;t just hand over that many preferred shares to a private individual unless they had to.&nbsp;&nbsp; They just gained another master.&nbsp;&nbsp; I think it confirms what I am saying.&nbsp; &nbsp; </p><p><br /></p><p>Buffett also violated his own tried and true investing advice in this deal so obviously there is more here than meets the eye.&nbsp; The DNC convention where it&#039;s expected that Obama will be nominated again, is going to be held literrally across the street from BoFA&#039;s HQ.&nbsp; How would it look for Obama to be standing in the shadow of a boarded up 60 story bank skyscraper?&nbsp; (There is already one like this down the street that Wachovia built, being rented in part by Duke Energy, which BTW is footing the bill for the DNC.)&nbsp;&nbsp; Buffett is a close adivsor of Obama&#039;s.[/QUOTE]</p><p><br /></p>

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